Commodities Analysis & Opinion

The above Daily chart of Gold suggest that prices have breached the crucial support of 27700 level. RSI is in a sell mode. We expect prices to correct up to levels of 27500.

Talking PointsCrude Oil Stabilizes Ahead of Volatility-Inspiring Economic Data Next Week Gold and Silver Remain Vulnerable As Traders Look Past Geopolitical Tensions Bearish Technical...

Gold futures sold off sharply once again yesterday, with the precious metal plunging through the $1300 per ounce level, to close the trading session for the December contract with a wide spread down...

Currencies The euro (EUR) continued the downtrend and reached a new 8-month low at 1.3437 against the US dollar (USD) EUR/USD. The single currency rebounded up to1.3484 after better than expected...

Gold prices steadied near the five-week low in the early morning trade Friday, pressured by the positive economic data and stronger dollar amid reduced global demand for the metal as a safe haven.As...

The prices of oil was little changed Friday, with crude steadying around $102 a barrel, however, prices were on track for a weekly fall as weak demand weighed on sentiment.Growth fears, weak demand...

As prices breached the ascending triangle pattern at 537 could see strong upside rallies towards 541 followed by 545 levels in the near term. CPO July MCX/NCDEX: CPO prices sky-rocketed higher...

Talking Points:US Dollar Resumes Advance, Moves to Five-Week High S&P 500 Taps Record High as Push to 2000 Continues Gold Sets Monthly Low, Crude Oil in Digestion Mode US...

Gold fell back below $1300 in overseas trading on Thursday. The yellow metal retreated on news of softer Chinese demand. Gains in equities and a firm dollar also weigh.Chinese gold demand was off...

Between the early 2000's to 2011, Silver created bullish "Ascending Triangles" as it rallied from $4 to $50, highlighted in green above. After peaking at $50, Silver is now creating just the...

Between the early 2000's to 2011, Silver created bullish "Ascending Triangles" as it rallied from $4 to $50, highlighted in green above. After peaking at $50, Silver is now creating just the...

Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US,...

Talking PointsCrude Oil, Gold Vulnerable As Traders Look Past Ukrainian Tensions Natural Gas Braces For Further Volatility Ahead Of Storage Change Data Copper Continues Its Climb As Chinese...

Gold dropped for the third straight day on Thursday, despite continuing fight in both Gaza and Ukraine, after upbeat Chinese data dented demand for the metal as an alternative investment.The bullion...